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Crypto trading bots at TradeSanta allow users to choose between several trading strategies. You can choose long strategies or short strategies and even choose a combination of both to be run simultaneously. TradeSanta bot will then choose either a short or long strategy according to the price movement of your asset. It provides trading in over 150 different coins, with new ones being added constantly.
Overall, HitBTC is a secure exchange in terms of technology it uses to protect your funds. However, the exchange lacks transparency when it comes to its team and location, which is a major red flag for some.
The difference between two strategies is that the DCA bot places one take-profit target for all the orders, and the Grid bot places TPs for every order separately. The manual trading feature is also available for the users of the platform. In a nutshell, TradeSanta is a software to connect to top exchanges, such as Binance, Huobi, and implement your trading strategies on top of them. You can get a new bot by clicking the Trading bot button and selecting the Create option. You will get an opportunity to name it, select the exchanges for it to be deployed into as well as adjust a short or long strategy position.
Charting is provided by TradingView and a pop-up feature is provided for more detailed analysis. The instrument list is placed next to https://www.tokenexus.com/qnt/ it and more importantly it is devided into four categories. The order book also looks neat, placed at in the bottom of the page.
Changelly provides an ecosystem of products and services that enables customers to have a one-stop-shop experience when engaging with crypto. StealthEX is an instant cryptocurrency exchange that provides secure, limitless, fast, and cross-chain swaps with no registration required. In fact, SimpleSwap managed to impress us by how simple and efficient it was.
Furthermore, these bots use several technical indicators and signals to enter the market at an optimal point. The traders can choose either long or short strategies or both simultaneously and bots will decide which one to follow depending on the price movement across the market. Many traders use crypto swapping platforms other than crypto trading platforms to perform quick exchanges even though the exchange fees might be higher. But that’s because most of such exchange platforms offer extra features like no identity verification required and buying crypto for fiat.
If the exchange is finished at a better rate than was expected they get a small profit. As a result, your exchanges on the platforms will be safe and secure. SimpleSwap managed to maintain all that’s needed in an exchange platform.
GALA (GALA) is the 69th largest cryptocurrency by market cap, valued at US$654,360,936. It is worth noting that the rise in the leverage amount decreases the required margin – 1/20 leverage for opening the same position worth $1000 drops the collateral to $50. However, higher leverage amounts are accompanied with the danger of higher liquidation. All bots created on TradeSanta can be configured in accordance with the user’s preferences, so there are several more points to adjust to. A fixed exchange rate is a rate that totally matches with the amount displayed to the trader at the beginning of the exchange, independently from the further rate volatility. On SimpleSwap, you can choose to proceed with either a floating rate or a fixed rate.
One of the most unique features of HitBTC is the “chatbox”, appropriately called the “Trollbox”. Despite the content not being very sophisticated, the functionality may come in handy, when a major news story breaks-out, as at least some traders HitBTC Review will share what they have found. HitBTC was hacked in early 2016, but didn’t provide much information on the incident. While users haven’t complained at that particular event, a lot of negative feedback is available in the forums.